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Best And Worst Craps Odds On The Vegas Strip

Craps Table At Luxor

Craps Table At Luxor

I’ve said it before and I’ll say it again, craps is my favorite game in the casino. Besides being fun to play, craps gives the casino one of the smallest house edges’ most casino games. Fun game and small house edge?! That’s a perfect combination!

You can actually decrease the, already small, house edge by playing greater odds. The higher the odds played the less the house edge. Unfortunately, the Vegas Strip doesn’t really offer the diverse craps odds that you find in Downtown Vegas. Thankfully craps still has a tiny house edge no matter what the odds.

Here are the craps odds on the Vegas Strip along with the house edge for the casino for each game.

100x Odds
The Cromwell
House edge: Pass 0.021%, Don’t Pass 0.014% 

10x Odds
Stratosphere
SLS Las Vegas  
House edge: Pass 0.184%, Don’t Pass 0.124%

3x-4x-5x Odds
Every other casino not listed
House edge: Pass 0.374%, Don’t Pass 0.273%

2x Odds
Circus Circus
Encore
Wynn 
House edge: Pass 0.572%, Don’t Pass 0.431%

3x-4x-5x are the normal odds offered at casinos on the Vegas Strip and just about everywhere else in the country. The house advantage playing maximum odds is still better than most games you’ll play in the casino.

Casino Royale has the best craps odds on the Vegas Strip but usually only has one table open so it’s difficult to get in on a game. The craps game at Casino Royale is one of the cheapest you’ll find on the strip with $5 or $10 minimums, so there’s that.

4/24/16 Update: The Cromwell has 100x odds up to $5,000. Table minimums are usually $5 or $10. (Thanks to @John_Mehaffy for confirming)

Bottom line with craps on the Vegas Strip – play wherever you want. The odds in most casinos are the same. If you’re looking for a good craps game with good odds head to Downtown Vegas. Here are my 3 favorite craps games in Downtown Vegas.

Note: Craps odds are from the Wizard of Vegas craps survey.

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Best Cheap Blackjack On The Vegas Strip

Cheap Blackjack Cards

Blackjack

There are about as many good cheap blackjack games on the Vegas Strip as you might have expected. In other words, there aren’t many. Where you do find good cheap blackjack you should expect that there are only one or two of these tables at most of the casinos listed below. They should be easy to spot since you’ll probably see a large crowd at these tables so you might have to wait for a seat.

For simplicity, I’m using $15 as the cut off for cheap blackjack and just listing the house edge of the games. I’m also listing the casinos alphabetically, and not by the smallest house edge. You can see the full survey here. The list is great and has information on all blackjack at every casino in Las Vegas.

Bally’s – House Edge: 0.57
Caesars Palace – House Edge: 0.57
The Cromwell – House Edge: 0.57
Excalibur – House Edge: 0.66
Flamingo (and Margaritaville) – House Edge: 0.57
The Linq – House Edge: 0.57
Harrah’s – House Edge: 0.55
New York – New York – House Edge: 0.48
Paris – House Edge: 0.57
Planet Hollywood – House Edge: 0.57
SLS Las Vegas – House Edge: 0.48
Treasure Island – House Edge: 0.46 and 0.48
Tropicana – House Edge: 0.57

Updated: March 10, 2017

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Get Ready To Say Goodbye To Wynn Golf Club

Photo Credit: Barbara Kraft

Photo Credit: Barbara Kraft

Lost in yesterday’s rumor about Wynn Las Vegas was the fact Wynn Golf Club might be going away with the new renovations to the property. According to the article by Norm Clark, Wynn Resorts spokesman Michael Weaver says:

“Although we are studying an expansion of the golf course, it is not yet a real project because we have not presented complete business plans to our board of directors.”

The rumor goes on to say that this new development at Wynn will include a hotel tower, 40-acre lake and a convention center.

Everything would be built on the land currently occupied by the lush greenery of the Tom Fazio designed golf course.

WynnCountryClub

The changes to Wynn Golf Club might also bring change to some restaurants inside Wynn and Encore. The beautiful view from the patio at Country Club might change into another lakeside dining experience. Since there’s already a restaurant called Lakeside Seafood maybe a name change to Lakeside Steakhouse will be in order.

Wynn has been changing the face of the entire property over the past year with new restaurants and room product. The renovations won’t be stopping anytime soon as they’re currently focused on building a new poker room and retail plaza (see details on Front Desk Tip).

 

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Get Ready For A Third Tower At Wynn Las Vegas

Photo Credit: Barbara Kraft

Photo Credit: Barbara Kraft

Wynn Las Vegas has plans to expand their footprint in Las Vegas. That expansion is said to include a third tower for the growing Wynn complex (Encore is the other tower). The third tower would be small but nonetheless more beds for Wynn. Norm Clark has the rumored expansion plans.

According to legendary illusionists Siegfried & Roy, who recently saw the blueprints in Wynn’s presence, the plans include a 1,000-room boutique hotel, a 40-acre lake and a convention center on the land Wynn acquired with the purchase of the Desert Inn 16 years ago for $270 million. 

Since this is still just a rumor there’s no word if the boutique hotel will have a casino. It would be pretty cool to see a VIP high limits casino at mini-Wynn if they’re going after the most exclusive high-end visitors to Las Vegas.

I’m picturing the kind of opulent casino you might have seen in movies from the 70’s and 80’s where there are only a few tables with ultra high limits. Maybe a strict dress code would be required. 

The new boutique hotel and casino would be way too fancy for millennials visiting Wynn. This would continue to transform Encore into a casino and hotel that caters to a younger, different audience than the other towers. This would make Encore Players Club (see details on EPC at Front Desk Tip) even more important to the property.

The article goes on to mention that a buyer has been found for Fontainbleau but that person(s) hasn’t been revealed yet. There have been rumors that Wynn will purchase Fontainebleau but these plans lead me to believe that won’t happen.

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Steve Wynn Just Said F U To Gamblers

Steve Wynn Is The Worst Person In The World On MSNBC

Steve Wynn Is The Worst Person In The World

An oldie but a goodie above.

On last week’s Wynn Resorts earnings call Steve Wynn went into a long discussion of how Wynn Las Vegas is adjusting their casino floor to maximize revenue. Here’s an excerpt of the call from Vegas Hotel News.

I also rearranged the floor in the casino to put our specialty games that are very popular with the public – that have a higher margin – and I put them in the hundred percent location. And I moved my games with less of a margin to secondary locations. Those changes have worked out favorably to us in the past three weeks, and that kind of re-examination… our slot floor has been re-done. We win more money with less games now. These are some of the reasons why we make more money than anybody else in Las Vegas.

You can read the full segment on gambling at Wynn from the Wynn Resorts earnings call from Vegas Hotel News.

Every business has the right to maximize their earnings potential. At the same time every customer has the right to take their money elsewhere.

I haven’t gambled at Wynn in almost a year and I don’t see myself returning any time soon. The emphasis on 6:5 blackjack, 2x craps (info on Vegas Chatter), poor video poker pay tables and the focus on prominently featuring games with a high house edge really isn’t of interest to me.

I’ve always liked gambling at Wynn and especially Encore. While I’m looking forward to the renovations at Encore (details on Travel Vegas) and I love dining at SW Steakhouse I’m not sure I want to support Steve Wynn any time soon.

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MGM Resorts > Wynn + Caesars + Venetian + Palazzo

MGM Resorts In Las Vegas

MGM Resorts In Las Vegas

I was reading news last night and found an interesting bit of information about Las Vegas that I never thought about before. MGM Resorts owns as much property in Las Vegas as Las Vegas Sands (Venetian and Palazzo), Wynn (Wynn and Encore) and Caesars Entertainment (10 hotels + The Linq) combined.

  • Las Vegas Sands – 82 acres
  • Wynn – 240 acres
  • Caesars – 414 acres
  • MGM Resorts – 742 acres

I can’t say that I’ve ever thought about how much property any of the casino operators in Las Vegas owns. I find the fact that MGM Resorts covers so much space interesting considering Wynn has a golf course and Caesars has a mall with a big ferris wheel that occupies a lot of space.

I think many of us forget that MGM owns a massive amount of land on the north end of the Vegas Strip (City of Rock) that nobody thinks about since it’s still undeveloped.

If nothing else it will provide more useless Las Vegas knowledge that I can wow people with.

There’s a link between land ownership and stock value and Macau. You can read more about how Macau Gaming Crackdown Drives Bettors To Las Vegas.

Photo: HackMyTrip

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One Of My Favorite Things About Wynn

No Strollers At Wynn

No Strollers At Wynn

I like Wynn and I love Encore.

One of the many reasons is because of this sign. Wynn doesn’t always adhere to the policies on the sign but they do enough to keep a good amount of kids and riff raff away (unless they’re coming out of one of the clubs without shoes on).

I’m all about a kid free casino experience when possible. That might be why I like the sportsbook so much.

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Scientologist Moves From Cosmopolitan To North End Of Vegas Strip

The Frontier And Encore Las Vegas

The Frontier

Almost a year ago it was rumored that James Packer would be buying the Cosmopolitan of Las Vegas. Like many rumors in Las Vegas that turned out not to be true in the end. Packer might have been sniffing around Cosmo but didn’t end up making the purchase. Earlier this year the Cosmopolitan was sold to Blackstone.

Last week rumor had it that James Packer wasn’t done with Las Vegas when Bloomberg reported that James Packer is seeking a return to Las Vegas. Late last night and this morning those rumors were confirmed as James Packer purchased the land across the street from Wynn and  Wynn and Encore.

Australian billionaire James Packer said he has acquired controlling interest in a nearly 35-acre Strip land parcel and will form a company to build a hotel-casino on the site with former Wynn Las Vegas President Andrew Pascal and investment firm Oaktree Capital Management.

James Packer and Crown Resorts have a pretty bad history in Las Vegas. If he was making this plan alone I wouldn’t think that this new development on the New Frontier land would actually happen. His partnership with Andrew Pascal says that development is possible. Pascal was previously President at Wynn and is very respected in the casino community.

Details on what the property haven’t been released yet but they’re looking at a potential opening as soon as 2018. With the former president of Wynn involved it’s easy to guess the property will have good and fair gaming and will target a more upscale customer than average.

I’d love to see more development on the north end of the Vegas Strip but, like SLS Las Vegas, I’ll believe it when I see it. I look forward to seeing what comes from this. The more casinos on the Vegas Strip the merrier!

Like I said last time I wrote about him, I don’t care that James Packer is a scientologist it just makes for a fun headline and makes me giggle.

Photo: Vegas Chatter

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Big Fish In Small Casino Pond Or Small Fish In Big Casino Pond

7:30am Showboat Atlantic City Balcony Suite

7:30am Showboat Balcony Suite

Photo above from a comped Showboat balcony suite with an ocean view 

I talk about gaming often and the subject of players clubs and comps almost always comes up. I shy away from talking about comps because you shouldn’t play for comps. Comps are great to receive but retail price for whatever the freebie is usually comes in at a lower price than you’re risking.

That said, I’m not afraid of taking or asking for comps. I’ve gotten some great comps from my spending in a casino. Not all comps, like this sick suite at Showboat in Atlantic City, were because of my players club activity. I happened to be visiting Showboat on a warmish winter weekday and this was available to me since it wasn’t busy. I’m sure I played enough to get this suite again…but only on a slow midweek winter’s night.

I didn’t get this ocean view balcony suite because I’m a high roller but I’m a medium roller and it was available when I asked if there were any upgrades. For what it’s worth my friend upgraded to a normal suite at Showboat that same day. This isn’t meant as a humble brag but more of a personal lesson. If I’d gone to Caesars or Borgata I probably wouldn’t have received such a nice upgrade. Why? Because that’s where the to big dawgs roll.

I used to stay at Showboat because it was the Caesars Entertainment hotel on the bottom of the totem pole. Showboat isn’t the best hotel and casino in Atlantic City but they had a very nice staff, recently renovated Bourbon Tower and I was able to get more mileage with my comps.

I was lucky to get free rooms at the other casinos so I focused my spending where I got the best bang for my buck. Besides getting suites I used to be able to get meals and drinks comped. It was a good deal even if their dining options were limited.

I like being the big fish in the little casino pond

This topic came to mind a few weeks ago when I listened to, independent Las Vegas casino host Steve Cyr, on the Gambling With An Edge podcast and discussing what he can offer his clients.

One specific item that stood out was that he couldn’t get a client in the door at Cosmopolitan with $10,000 guaranteed in play. Meanwhile, that person could go elsewhere and be treated like a king. That client may have to stay and play in a Downtown Vegas casino but they’d get all the great amenities you’d want when staying at a casino.

This is nothing new but something not everyone thinks of when they spend their money at a casino. I love the luxury hotels and casinos but I also like being treated as if I have some value so I enjoy the best of both world when I can.

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Best Las Vegas Sportsbooks

Lagasse's Stadium Sportsbook And Restaurant At Palazzo Las Vegas

Lagasse’s Stadium

I didn’t plan on going over the best Las Vegas sportbooks because there’s no such thing as a bad sportsbook. There are varying degrees of greatness but sportsbooks are the best place in the casino as far as I’m concerned. Since I’m at sportsbooks often people ask my opinion so I figured that I should have a current list as football season is upon us.

My main criteria for the best sportsbooks are TV’s, cleanliness and service. Watching the games is the reason I’m at the sportsbook so the quality of the TV screens usually matters more than anything else. That said, I don’t smoke and don’t want leave the sportsbook smelling like an ashtray.

Let’s look at the best sportsbooks in Las Vegas.

Lagasse's Stadium at Palazzo Las Vegas

1. Lagasse’s Stadium (The Palazzo)

Lagasse’s Stadium may be the greatest place on earth. Lagasse’s Stadium is the best sportsbook in Las Vegas because it’s more than a sportsbook. Lagasse’s Stadium, located inside The Palazzo, is also a bar, restaurant, casino and lounge. The main area has stadium couch seating and is surrounded by couches above and cocktail tables above and to the side. Waitresses are plentiful so there’s never a time you should be without food or drink. This is a benefit and a curse. You almost feel compelled to eat and/or drink when you watch the games at Lagasse’s Stadium. That can get pricey. For NFL Sunday’s and major sporting events you’ll have to pay a minimum per person for food and drink (usually $50 or $100). Reservations are always recommended for these days. The only other reservation about Lagasse’s Stadium is that the main seating area TV screens are showing their age and could use updating. Regardless, Lagasse’s Stadium is the best sportsbook in Las Vegas (and the world). Photo: Vegas.com

The Venetian Las Vegas Sportsbook

2. The Venetian

The Venetian sportsbook is the best free sportsbook in Las Vegas. The Venetian sportsbook renovation is going on two years now but it still looks brand new. The lighting and TV screens at The Venetian sportsbook are by far the best and brightest of any sportsbook in Las Vegas. The Venetian sportsbook is operated by Cantor Gaming and looks similar to all of their sportsbooks in Las Vegas with red desks and big office chairs. If it wasn’t for those beautiful TV screens this sportsbook would have zero vibe but those TV screens make up for any lack of atmosphere from the decor. The desks have outlets should you need to power your phone. Between the lack of cocktail waitresses and the condescending Cantor Gaming staff don’t expect good service. The saving grace for service at the The Venetian sportsbook are the quick and polite bartenders. The poor service is masked by those gorgeous TV’s.

 

The Mirage Las Vegas Sportsbook

3. The Mirage

The Mirage returned to being one of the best sportsbooks in Las Vegas when they renovated in March 2013. The  Mirage sportsbook renovation removed about a third of the old desk seating and replaced it with big comfy chairs. As part of the renovation The Mirage also added a gigantic TV screen that spans almost the entire huge sportsbook. This screen is flexible and can fit just about every game with each game being sized to the amount of interest. The sportsbook manager decides which games shown and what size they are based on bets made so if you want to see a game make sure you place your bets here. The Vegas Parlay says you might even score a free drink ticket if you bet here. The Mirage sportsbook is one of the most legendary sportsbooks in Las Vegas and these renovations restore that luster. Photo: Vegas Chatter

Red Rock Resort Sportsbook

4. Red Rock Resort

The sportsbook at Red Rock Resort is without a doubt the best sportsbook off the Vegas Strip. The best quality of the Red Rock sportsbook is it’s size and flexibility. It’s huge and has 3 enormous projection screens which can fit anywhere from 1 to 4 games each. The seating is made up with 2/3rd’s desk, dinner chairs and individual TV’s and 1/3rd lounge chairs. Cocktail waitresses are always walking around so drinks flow quickly. Depending on your ticket writer drink tickets can be fairly easy to come by. If you don’t get one just ask. The Red Rock sportsbook is always packed for football and the energy is great. There is a bar in the back of the sportsbook that offers more chairs and great bartenders. I may be partial because it’s my local bar.

Wynn Las Vegas Sportsbook

5. Wynn

Wynn is still has one of the nicest casinos on the strip even though it’s beginning to show its age. That age is most noticeable in their sportsbook. Wynn opened in 2005 but when you’re sitting in the large sportsbook it may as well be 1995. The sportsbook is comfortable and has ample seating and TV’s for any football Sunday but everything from the TV’s to the seating could use a little updating. While there are many TV’s they aren’t the massive screens available at the other sportsbooks on this list. The Wynn sportsbook is one of the few remaining independently operated sportsbooks and you’ll always get fair lines here. You may also get a drink ticket or two. The Wynn/Encore combination is a great casino complex and the Wynn sportsbook is still a fine place to watch the games. Photo: Flickr

Cover Photo: CBS Local

Copyright © 2017 Marc Meltzer & EDGe Vegas